Franchise Financing - Best Options and Rates for A+
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  1. #1
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    Franchise Financing - Best Options and Rates for A+

    I have a marketing campaign starting next month targeting franchise owners who are interested in opening additional franchise locations. I have local and regional marketing packages I'm wrapping into the financing in certain situations on contract.

    Who is the best at doing this? (Funding)


    Also, I'm interested in finding the cream of the crop on startup franchise funding, for only A+ caliber clients with skin in the game or collateral to pledge.


    Thanks for the help!




    Eric Douglas Statzer
    Statzer Consulting
    100 S Ashley Dr Suite 600
    Tampa, FL 33602
    813.693.1365 - Office
    305.746.1470 - Cell
    813.315.6638 - Fax
    eric@statzerconsulting.com

    https://www.linkedin.com/in/ericdouglasstatzer/

  2. #2
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    Are you really starting a campaign targeting franchise owners for expansion capital without knowing the lenders that can help???

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    Quote Originally Posted by RichardGerard View Post
    Are you really starting a campaign targeting franchise owners for expansion capital without knowing the lenders that can help???
    No. I am not starting a campaign targeting franchise owners for expansion capital without knowing the lenders that can help. I am not without franchise funding sources, Richard. I have my "go to" options now. I am here seeking the opportunity to expand on what I currently have in the lending chain.

    And prior to broadening my franchise network, I'm hoping to find lending institutions that specialize in franchises that may be able to assist in "out of the box" situations that may, and most likely will arise.

    Recommendations, instead of snide criticism is greatly appreciated.

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    So for the startup franchise financing of top qualified candidates, SBA is first choice. Secuties based credit lines work good for clients with a decent stock portfolio.

  5. #5
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    Quote Originally Posted by WestCoastFunding View Post
    So for the startup franchise financing of top qualified candidates, SBA is first choice. Secuties based credit lines work good for clients with a decent stock portfolio.
    WCF, I am set with the SBA lenders. As for the advice on the securities based credit lines, that stock based lending is a great idea, I worked with a company last year and never moved forward on anything, so that's something I'm going to look into now. Greatly appreciated, always.

  6. #6
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    We are not lenders but do work with an office that offers those lines.

    We can process accounts as low as 150k. No maximum limit.

    We can leverage the following:

    · Securities
    · Money Funds
    · Mutual Funds

    Anything except cash, private stock, or physical assets.

    If you have access to any of those items we can arrange access to an account in about 5 working days if everything goes as usual.

    The client has to pledge securities in the account and can borrow against those securities. The lender determines your available credit based on the value of those securities as well as the eligibility.

    The investments in the account are not frozen and can be managed or traded as long as there is sufficient collateral to support the loan.

    The funds can be used for either personal or business reasons.

    The interest is charged on a per diem basis on only the outstanding loan used.

    The rate is based on a spread on the 1 month LIBOR rate which currently is approximately 0.57%. The rate is adjusted weekly. Depending on the size of the account a substantial discount of the spread can be applied.

    For example I have clients that are under a 2% rate and originally started less than 1.5% recently.

    There is approximately a 4 day approval process.


    mikelewis@michaellewisgroup.com

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